Zhitong Finance App News, Hengfu Holdings (00643) issued an announcement regarding the proposed placement of up to 179.7 million new shares. Due to market conditions, the company and the placement agent jointly agreed to terminate the placement agreement on October 30, 2026, effective from October 30, 2026. All rights, rights, responsibilities and liabilities arising from or relating to the placement agreement are terminated by each party to the placement agreement, and no party to the placement agreement may file any claim with the other party for any matter arising out of or relating to the placement agreement.

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